Colorado Man Loses $6,000 in Bitcoin After Fake Jury Duty Call
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Colorado Man Loses $6,000 in Bitcoin After Fake Jury Duty Call

A Keystone, Colorado resident recently fell victim to a sophisticated cryptocurrency scam, losing over $6,000 in Bitcoin after fraudsters posing as law enforcement officials threatened arrest for missed jury duty. The Summit County Sheriff’s Office reported that an additional $4,000 transfer was in progress when deputies intervened to prevent its completion. The scammers also obtained sensitive personal information from the…

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BBVA Debuts Tokenized Fund in Spain’s Sandbox
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BBVA Debuts Tokenized Fund in Spain’s Sandbox

BBVA is launching a tokenized fund integrated into the Spanish securities regulator’s sandbox. The fund will be open only to BBVA employees to research the benefits of applying blockchain technology to these applications. BBVA to Experiment With First Blockchain Tokenized Fund Tradfi institutions are now open to testing decentralized technologies and applying them to existing […] Source: https://news.bitcoin.com/bbva-debuts-tokenized-fund-in-spains-sandbox/

Crypto Scams Are Rapidly Evolving Beyond Pig Butchering: Report
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Colorado Resident Scammed Out of Thousands in Bitcoin by Fake Jury Duty Call

A Keystone, Colorado resident fell victim to a sophisticated crypto scam last week, losing over $6,000 in Bitcoin after fraudsters posed as law enforcement officials threatening arrest for missed jury duty, according to the Summit County Sheriff’s Office. According to documentation reviewed by Decrypt, an additional $4,000 transfer was in the works, though deputies were able to intervene before it…

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What is Pnut? The Meme Coin Dancing to Elon Musk's Tune
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What is Pnut? The Meme Coin Dancing to Elon Musk’s Tune

In a matter of days, Solana-based meme coin Peanut the Squirrel (PNUT) has climbed from relative obscurity to $150 million in trading volume, propelled by a mix of public outrage and pre-election fervor. The story went viral after his caretaker, Mark Longo, announced on social media that New York’s Department of Environmental Conservation (DEC) had taken Peanut and another pet,…

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Latam Insights: Salvadoran Bitcoin Visa Program Fails; Brazil Floats Tax on Stablecoin Remittances
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Latam Insights: Salvadoran Bitcoin Visa Program Fails; Brazil Floats Tax on Stablecoin Remittances

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, a public records inquiry reveals contradictions in the reported results for ‘Adopting El Salvador,’ Brazil mulls taxing stablecoin remittances, and a Bolivian bank offers USDT services for the first time. Public Records Inquiry […] Source: https://news.bitcoin.com/latam-insights-salvadoran-bitcoin-visa-program-fails-brazil-floats-tax-on-stablecoin-remittances/

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Alibaba reportedly cuts dozens from metaverse unit

The Chinese e-commerce giant has become the latest to slash resources for metaverse development as the focus shifts to AI.  Source: https://cointelegraph.com/news/alibaba-reportedly-cuts-dozens-metaverse-unit?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound